Energy economy

Net electricity generation by energy source in the EU with the annual change in 2024

The share of renewable energies in net electricity generation, i.e. the electricity mix that actually comes out of the socket, was over 47% in 2024. The increase in solar energy was lower in 2024 than in 2023.

Net capacity of power plants by energy source in the EU 2015 – 2024

Within the EU, renewable energies dominate with a share of 62.8 %. Solar energy leads the way with a 38.2 % share, followed by wind energy with 33.6 %.

Gross capacity of power plants by energy source in the EU 2012 – 2024

In 2024, gross electricity generation in Europe from renewable energy sources increased, mainly due to solar and wind energy. Hydropower also generated more electricity. Gross electricity generation from coal and gas has decreased, while nuclear and other fossil fuel sources have increased slightly.

Household electricity price in the EU 2017 – 2024

The price per kWh of electricity for private households is largely determined by taxes and levies. Prices are given for a household with an electricity consumption of 2,500 - 5,000 kWh/year

Electricity price for traders 2017 – 2024

The price per kWh of electricity for commercial customers is largely determined by taxes and levies. The prices are given for a business with an electricity consumption of 20 - 500 MWh/year.

Electricity prices for household consumers in Europe

Household electricity prices in Europe (annual electricity consumption: 2,500 – 5,000 kWh) were between 5 and 39 cents/kWh in 2024.

The average electricity price within the EU was 24 cents/kWh.

Global electricity production by generation type

The graphic shows that renewable energies will dominate global electricity production in the future. By 2050, the share of solar energy is expected to increase to around 44 % of total production, with wind power accounting for 28 %.